Revolut launches global payments partnership with Booking.com

Revolut has announced a new global payments partnership with online travel platform Booking.com, with the travel firm the largest of its kind to adopt Revolut Pay.

The company, which currently serves over 65 million customers worldwide, said the move will allow millions of Booking.com customers to pay via Revolut Pay, giving them access to a range of currencies.

Revolut Pay is a payment method which allows users to make one-click online and in-person payments directly from their Revolut account without needing to enter card or bank details. It allows non-Revolut customers to pay with their card and save details for future purchases.

The number of customers using the method has continued to rise, with almost two million monthly active users.

Revolut said the partnership is a natural fit given the customer overlap between businesses, with approximately nine million customers from Revolut’s global user base already having made purchases on Booking.com.

Using Revolut Pay as a payment method at checkout means customers can purchase their Booking.com accommodation, with flights and cars to follow, swiftly and securely.

At the point of payment, customers are redirected from the Booking.com platform to pay through the Revolut app, which Revolut claims streamlines the booking process and protects purchases through Revolut’s built-in biometric security.

As an exclusive benefit, Revolut said that those paying with Revolut Pay earn extra RevPoints on all purchases.

RevPoints is a pan-European debit loyalty card programme, with points redeemable at thousands of merchants when checking out with Revolut Pay, including Booking.com as well as other benefits such as airline miles, stays, gift cards and experiences.

"Our strategy at Revolut is about meeting customers where they are," said Alex Codina, general manager of Acquiring at Revolut. "Given our customers' passion for travel and the millions of users on Booking.com, this partnership is a natural fit for us.

“Integrating Revolut Pay means a faster, more secure, and ultimately more rewarding checkout experience for users."

Last month, Revolut was issued a Markets in Crypto Assets (MiCA) licence in Cyprus, allowing the company to offer its crypto-asset services across all 30 markets in the European Economic Area (EEA).

The business has significantly expanded its capabilities since launching crypto trading within its app in 2017, with the company set to roll out 'Crypto 2.0', a new offering with more than 280+ tokens, staking with zero platform fees, and 1:1 stablecoin conversion to USD with no spreads.



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